Thursday, 23 July 2009

SciSys on track to meet full-year guidance, cash flow remains strong

SciSys PLC (AIM: SSY) said trading for the first half of 2009 has been in line with current expectations and is expected to be consistent with current guidance for the 2009 full year.

In a pre-close trading update, the supplier of bespoke software systems, IT based solutions and support services to the media broadcast, space, defence, public and transport sectors said it continues to enjoy a strong and positive cash flow in Germany and in the UK.

Recent new project wins and anticipation of additional new wins in the third quarter has given the company a solid order book for the second half of 2009 and a positive outlook for 2010, it added.

www.proactiveinvestors.co.uk

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